Word: brandings
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...during the nine-week holiday period that ended on Jan. 3, and sales at stores open for at least a year fell 14.4% during that time. In addition, the company was woefully late to the e-commerce game; it finally launched its own sales site in May (the brand had partnered with Amazon to move books before then). During the 2008 holidays, Borders.com delivered 2.4% of total sales. Comparatively, Barnes & Noble's site regularly delivers 10% of total sales, says Michael Norris, a publishing-industry analyst for research firm Simba Information...
Office Depot In December, Office Depot announced that it would close 9% of its North American stores, giving it 1,163 locations. The company will shut another 14 stores in 2009, while closing six of its 33 North American distribution facilities. Staples is now the dominant office supply brand. "Though Office Depot's situation is less dire than Pier 1 Imports, they are certainly on the ropes as well," says Chukumba. Office Depot's less capital-intensive contract business - which involves making deals with companies and governments to supply them with paper, pens and staplers - somewhat shields it from...
Check back here at time.com/rubik on Feb 5th to watch an exclusive video of Erno Rubik demonstrating the brand new Rubik's 360 from his studio in Budapest, Hungary...
...drubbing of a solid St. John’s team and a big 5-4 win over a strong Buckeye squad. “I felt stronger about our women’s chances, and really it always comes down to the foil squad,” Brand said. “We have a really solid foil squad, and they just came through for us big time…Those three or four really strong fencers always put us in a good position.” On the men’s side, the team benefited from co-captain...
...years later, having written a best seller, Brown is editor of an upstart website. With an office that looks onto an alleyway and a dumpster. Grace Mirabella, Wintour's predecessor at Vogue, started her own magazine, which folded 11 years later. It's hard to think of one name-brand magazine editor who has maintained her prominence or transferred her influence to a new industry after leaving the job. Male editors routinely get positions of authority elsewhere; TIME's own Henry Grunwald was appointed ambassador to Austria...